India Electric Vehicle Market Outlook (2020-2025) | 6Wresearch

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India electric vehicle market size grew at a CAGR of xxx% during 2020-2025 on account of increasing government efforts in order to reduce carbon emission

India Electric Vehicle Market Overview

India Electric Vehicle Market report comprehensively covers the market by vehicle types, charger types, DC charger power ratings, and charger end consumers. India electric vehicle market report provides an unbiased and detailed analysis of the ongoing trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.

According to 6Wresearch, India electric vehicle market size grew at a CAGR of xxx% during 2020-2025. India electric vehicle market has significant growth prospects. The government of India has also demonstrated a strong commitment to introducing electric mobility in India and announced a very ambitious plan of making India a primarily electric vehicle-driven nation by 2030. Increasing initiatives taken by the government of the country towards the adoption of electric vehicles in order to reduce carbon emissions is driving the India Electric Vehicle Market Share. Moreover, the Indian government is also planning to add 50% electric buses and 25% electric vehicles which is further adding to the development of the market.

Market Analysis by Vehicle Types

2-Wheelers is the largest segment in the Indian automotive industry capturing xx% of automotive sales in unit terms in FY19 representing the combined sales figure of xxx million units. As a result, this segment is anticipated to portray a huge potential in promoting electric mobility in the country.

Key Highlights of the Report

  • India Electric Vehicle Market Forecast
  • India Electric Vehicle Market Overview
  • India Electric Vehicle Market Outlook
  • Historical Data and Forecast of India Electric Vehicle Market Revenues and Volume, By Vehicle Types, for the Period 2018-2028F
  • Historical Data and Forecast of India Electric Vehicle Market Revenues and Volume, By Charger End Consumers, for the Period 2018-2028F
  • Market Drivers and Restraints
  • India Vehicle Market Revenue Ranking, By Companies
  • Competitive Benchmarking
  • Company Profiles
  • Key Strategic Recommendations

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